The debate on European fiscal rules and specifically the German debt brake, which has been fueled by the Federal Constitutional Court’s ruling of 15 November, is being conducted under legal, political and economic aspects. In our view, the latter must take center stage. …
Words can hardly describe what is currently happening in Argentina. The man with the chainsaw has actually won the presidential elections by a landslide. Javier Milei, the self-proclaimed anarcho-capitalist, has chased the ruling Peronists out of office and, if he even halfway fulfils his “election promises”, …
The data on price trends in Europe are more than encouraging. The inflation rate at consumer level in the European Monetary Union (EMU) was only 2.9 percent in October. According to Eurostat, producer prices were down 12.4 percent in September compared to September of last year. …
In the European Monetary Union, as Eurostat has just reported, consumer prices rose by only 2.9 percent in October. After rates below two percent were recorded for some countries in the previous months already, the statistics for October also show only 3 percent for Germany in the European harmonised index. …
